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CDB Funds Second Phase of JSIF’s Social Support Programme

In keeping with its mission to work towards the systematic reduction of poverty in its member countries, the Caribbean Development Bank (CDB) is partnering with the Government of Jamaica to launch a new phase of the Community Investment Project (CIP)/ BRIDGE Project. The project is in collaboration with the Ministry of Labour and Social Security and is being implemented by the Jamaica Social Investment Fund (JSIF) at a total cost of USD255,175. The CIP/BRIDGE Project seeks to equip families in poor communities with the tools and support needed to improve their financial position. Its overall aim is to provide psycho-social support for families on the Programme of Advancement Through Health and Education (PATH), by arming them with information and strategies to access a range of public and private social services. Focal areas include health, education, child protection, disaster preparedness and mitigation, skills training and civil registration. They will also benefit from 12 months of personalised attention from a JSIF social worker. 30 families in the parishes of Trelawny, […]

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Government of Belize and the CDB Launch USD6.4 Million Project for Poverty Alleviation

Today, April 11, 2013, the Caribbean Development Bank (CDB), in collaboration with the Belize’s Ministry of Economic Development, officially launched a USD6.4 million project, which will finance a number of poverty alleviation projects throughout Belize. The project will be implemented by the Social Investment Fund (SIF). The USD5.5 million in funding provided by CDB for the project is the allocation for Belize under the Bank’s Basic Needs Trust Fund (BNTF) which is now into its seventh cycle. A delegation from CDB, headed by Mrs. Darran Newman Belgrave, Portfolio Manager, BNTF, joined the Hon. Santiago Castillo, Minister of State in the Ministry of Finance and Economic Development, in launching this latest cycle of the BNTF in Belize. “Today’s launching illustrates the strong, warm and friendly cooperation ties between Belize and the Caribbean Development Bank (CDB).  Economics has made us partners but our fight against poverty has made us inseparable allies. Belize, therefore, is extremely grateful to the CDB for being with us in good and in bad times, but […]

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Government of Dominica and CDB Launch USD7.4 Million Water Project

Thousands of residents and consumers in the north, east and south of Dominica are expected to benefit from a recently launched USD7.4 million water upgrade project in that country. Funded by a USD6.1 million loan from Caribbean Development Bank (CDB) and contributions by the Dominica Government and the Dominica Water and Sewerage Company (DOWASCO), the 42-month project will be undertaken in Water Area-1, the largest of 43 water areas island-wide servicing essential services. Dubbed the “Third Water Supply Project- Water Area-1 Network Upgrade,” the project includes construction of a new intake at the Checkhall River; the upgrade of the network transmission and distribution system; construction of two distribution storage tanks of 100,000 gallons at Massacre and 250,000 gallons at Antrim; the upgrade of the existing Springfield intake and the Antrim filtration plant, as well as the establishment of a leak detection and repair program. Also included is the creation of an access road and footpath to the new Checkhall intake. Speaking at the launch, DOWASCO Director, Ms. Kay […]

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Another Successful CDB Project in Jamaica

Another Caribbean Development Bank funded project has been successfully completed in rural Jamaica. Two kilometres of roadway in Hayfield, St Thomas has been repaired at a cost of approximately USD379,654. The project executed by the Jamaica Social Investment Fund (JSIF), included the repair or existing drains and the installation of new ones, the asphalting of the roadway and construction of retaining walls. Pastor Gwynette Sutherland, who has been living in Hayfield for over 30 years, said the road signifies greater development in the community. “It is much easier to get produce to the market. We don’t stumble for transportation (anymore). It is a little better for school children also, because, sometimes, not having the transport to take them down, they suffer. They have to be walking down in the early morning and this was not good enough; and so they really benefit. We grateful for the road,” she said. Farmer Roosevelt Dean said he was overjoyed with the improved road, “In Hayfield, we do farming for a living […]

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CDB and Canada Sign Grant Agreement to Support Micro Insurance Catastrophe Risk Organisation

The Caribbean Development Bank (CDB) and the Government of Canada have signed a grant agreement supporting the multi-donor Micro Insurance Catastrophe Risk Organisation (Caribbean Agriculture) Fund. The Canadian Government, acting through the Canadian International Development Agency (CIDA) has approved a contribution of USD1,179,873 to the CDB-administered Fund. The Fund supports the operations of a micro insurance catastrophe risk facility (MiCRO), which is an innovative one-of-a-kind programme that provides parametric insurance to protect microfinance institutions and their micro-credit borrowers in Haiti against losses resulting from natural disasters. CDB’s President, Dr. Warren Smith, signed the grant agreement on behalf of the Bank, and Ms. Louise Clément, Minister Counsellor (Development), CIDA, on behalf of the Government of Canada.  The Fund was launched in September 2011, following an initial contribution of USD2,265,876 from the Government of the United Kingdom of Great Britain and Northern Ireland. CAPTION: CDB President, Dr. Warren Smith and Ms. Louise Clément, Minister Counsellor (Development), CIDA, sign the grant agreement. Looking on is CDB Legal Counsel, Dave Waithe.

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CDB Funds Play Park for Differently Abled in Kingston, Jamaica

An average of 50 students per year will benefit from a new play area and sporting facilities developed at the Genesis Academy on South Camp Road, Kingston, Jamaica through funding from the Caribbean Development Bank’s (CDB) Basic Needs Trust Fund. The Academy is a skills-training centre catering to students’ ages 12 to 25 with learning and physical challenges. The project, executed by the Jamaica Social Investment Fund (JSIF) resulted in the creation of a landscaped play park, as well as a multipurpose hard court to support several sport activities including boccie, floor hockey, basketball and netball. Play and sports are integral components of the programme of learning and development at the institution, which serves students with a range of disabilities. Donna Lowe, Principal at Genesis Academy said, “For many of the students, it will be the first opportunity to go on a jungle gym or a swing. It has been proven as well that recreation is an important part of children’s development. It is doing things in a […]

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CDB Funds Upgrades to Mavis Bank Health Centre in Jamaica

Approximately 10,000 residents in 27 districts/communities in West Rural St. Andrew and St. Thomas, Jamaica, now have access to improved curative services thanks to recently completed renovations at the Mavis Bank Health Centre, accomplished with grant funding from the Caribbean Development Bank (CDB). Executed by the Jamaica Social Investment Fund (JSIF), the USD 213,431 (JMD20.9 million) upgrade included re-roofing of the building, construction of bathroom and laundry facilities, electrical re-wiring, erection of a perimeter fence, and installation of additional water storage tanks. At the upgraded Centre, residents now enjoy – child and maternal health services; antenatal, postnatal and family planning services, and weekly dental care services. The services of a public health clinic which issues food handlers’ permits; a laboratory technician and a pharmacy are also available. Additionally, CDB provided organisational strengthening training for the maintenance committee charged with the upkeep of the Centre. The Mavis Bank Health Centre is the nearest point to basic health services for residents of Mavis Bank, Hagley Gap, Penlyne Castle, Ginger Reece, […]

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Report on Living Conditions in Barbados Presented by CDB to Government

The Caribbean Development Bank (CDB) has officially presented the Government of Barbados with the findings of its Country Assessment of Living Conditions (CALC) for Barbados. The report was officially handed over to Prime Minister, Hon. Freundel Stuart on March 21, 2013 at the Cabinet Office by Mrs. Yvonne Moses-Grant, Division Chief, Social Sector Division, CDB. The report is based on research conducted by the University of the West Indies’ Sir Arthur Lewis Institute during the period January – April 2010. 2,425 households and 6,973 individuals were surveyed in the comprehensive study to ascertain the state of living conditions in Barbados in 2010 and the influential factors. The Prime Minister thanked CDB and the Ministry of Social Care for their respective roles in the CALC and pledged that the findings of the report would be considered in the development of future government policy. “Be assured that the government takes reports of this kind very seriously and we will make effective use of the evidence contained to guide policy…. I […]

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EU and CDB Partner to Launch EPA/ CSME Standby Facilities for Capacity Building

The European Union (EU) and the Caribbean Development Bank (CDB) recently signed two Agreements totalling USD9 million (EUR6.95 million) to support CARICOM countries in their continued progress towards implementation of the Economic Partnership Agreement (EPA) and the CARICOM Single Market and Economy (CSME). The combined agreements represent a total amount of EC$24,415,300 (EUR6, 950,000). USD1.26 million of this amount have already been disbursed to the CDB. The “CSME Standby Facility for Capacity Building” aims to provide capacity building measures to CARICOM Member States in the implementation of the CSME at the national level. It is expected to strengthen the administrative capacity of national CSME implementation units. The “EPA Standby Facility for Capacity Building” seeks a similar result with the national administrations in CARIFORUM Member States (CARICOM plus the Dominican Republic) in charge of EPA Implementation. Both programmes will be managed by the CDB, and run until the end of 2015. All Member States are expected to benefit from at least one grant under each facility, whilst some resources under […]

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2013 World Water Day Message

Water is one of the key pillars of human development. Its importance cannot be overestimated. It impacts all of the leading global challenges – energy, food, health, natural disaster management, management of the environment, peace and security.  World Water Day is held annually on March 22 as a means of focusing attention on the importance of freshwater resources and advocating for its sustainable management.  This year, in reflection of the International Year of Water Cooperation, World Water Day is also dedicated to the theme of cooperation around water.  World Water Day falls at a time when water-related issues in the Caribbean are prevalent in the news – from the early signs of drought in many of our islands, to deaths linked to consumption of contaminated water. Other major challenges facing the water sector in the Caribbean include: (a) inefficient service providers with inadequate tariff structures; (b) inadequate wastewater management systems; (c) poor access in rural areas; and (d) inadequate institutional arrangements for water resources management.  In addition, there […]

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